Date This Problem Happened: Sunday, July 8, 2007
State You Live in: Texas
Age Range: 36-50
Total Amount of Fee Paid: $3,400
Company Name: Precept Financial Solutions
Company Address: 12225 Greenville Avenue, Suite 300, Dallas, Tx 75243
Website of Company: http://www.preceptfinancial.com
Consumer Statement: Precept Financial offered to negotiate settlement terms on our behalf. They instructed us to pay them money up front while stopping our payments to our creditors. They instructed us to send all creditor letters to them. After making payments to them for about a year. They negotiated a settlement for one of our five vendors. After that, they did nothing. They don’t answer phones; they don’t return phone calls; they don’t respond to faxes; they just do nothing.
Now a debt collector is suing us and we don’t know what to do.
Note: A check of the website simply results in a blank page. The BBB says it appears the company is no longer in business. – Source. A search of bankruptcy filings did not identify that Precept Financial Solutions has filed for bankruptcy. It looks like they have just fallen off the radar.
PreceptFinancial.com is owned by:
PO Box 740126
Dallas, Texas 75374-0126
Texas corporate records say the registered agent is:
520 CENTRAL PARKWAY EAST, SUITE 116
PLANO, TX 75074
They also indicate the corporation is not in good standing so it appears they have wandered out of business and left the consumer stranded. You may want to click here to find a local bankruptcy attorney to stop the lawsuit and discharge the debt.
You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.
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